AEye (NASDAQ:LIDR) Releases Quarterly Earnings Results, Beats Estimates By $0.19 EPS

AEye (NASDAQ:LIDRGet Free Report) issued its earnings results on Tuesday. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19, Zacks reports. AEye had a negative return on equity of 144.00% and a negative net margin of 24,308.44%. The firm had revenue of $0.10 million for the quarter.

AEye Stock Performance

LIDR stock traded down $0.02 during trading on Thursday, reaching $1.11. 14,894 shares of the stock were exchanged, compared to its average volume of 1,428,161. The company has a current ratio of 3.38, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $7.36 million, a P/E ratio of -0.13 and a beta of 2.95. AEye has a twelve month low of $0.92 and a twelve month high of $5.74. The stock has a 50 day simple moving average of $1.15 and a 200-day simple moving average of $1.65.

Wall Street Analyst Weigh In

Separately, Westpark Capital reissued a “hold” rating on shares of AEye in a research report on Monday, August 5th.

Check Out Our Latest Analysis on LIDR

About AEye

(Get Free Report)

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.

See Also

Earnings History for AEye (NASDAQ:LIDR)

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